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U.S. stocks closed lower on Monday, with the Dow Jones dropping more than 100 points. Here is the list of some big stocks recording losses in the previous session.
Gainers
UserTesting, Inc. (NYSE: USER) shares jumped 91.7% to close at $7.40 after the company announced it will be acquired by Thoma Bravo and Sunstone Partners for $1.3 billion. The company also reported better-than-expected Q3 sales results.
Gainers
HeartCore Enterprises, Inc. (NASDAQ: HTCR) gained 111% to $2.03 after the company announced it entered into a license agreement with Transcosmos Digital Technology for its Apromore process mining tool.
Morgan Stanley has decided to maintain its Equal-Weight rating of Wolfspeed (NYSE:WOLF) and lower its price target from $106.00 to $88.00.
Shares of Wolfspeed are trading down 17.89% over the last 24 hours, at $87.40 per share.